Tue Aug 13, 2019 10:15 am
Tue Aug 13, 2019 11:42 am
Tue Aug 13, 2019 11:50 am
Nemo wrote:I’d guess we made a profit of 25-30 million last year. Can’t see much of a profit coming this year. We still have a large wage bill and the parachute payment is only half of the TV money we got last year
Tue Aug 13, 2019 12:16 pm
Tue Aug 13, 2019 12:36 pm
Steve Zodiak wrote:Last time in the PL we made a loss, can't remember how much but I think it was relatively small, somewhere between £10m & £15m I seem to recall.
Tue Aug 13, 2019 12:44 pm
Tony Blue Williams wrote:Steve Zodiak wrote:Last time in the PL we made a loss, can't remember how much but I think it was relatively small, somewhere between £10m & £15m I seem to recall.
The loss for the 2013/14 season was £13,664,000. Revenue for that season was £83,138,000
Tue Aug 13, 2019 12:55 pm
danielrees17 wrote:Does anyone know how much we are still in debt? Last season and this one should've wiped a fair bit off?
Tue Aug 13, 2019 12:57 pm
Steve Zodiak wrote:Tony Blue Williams wrote:Steve Zodiak wrote:Last time in the PL we made a loss, can't remember how much but I think it was relatively small, somewhere between £10m & £15m I seem to recall.
The loss for the 2013/14 season was £13,664,000. Revenue for that season was £83,138,000
Cheers Tony. Thought it was around about that figure, I struggle to remember last week, never mind a few years back. Be a while before we know the figures for last season.
Wed Aug 14, 2019 12:17 pm
Tony Blue Williams wrote:danielrees17 wrote:Does anyone know how much we are still in debt? Last season and this one should've wiped a fair bit off?
The most recent accounts May 2018 states that we owe VT £50,107,000 @ 7% interest, however, it appears that VT waves the interest. We also owed Dalman's company £11m @ 9% interest. That was repaid in full during the year but our Chairman made a tidy £600,000 in interest
The accounts go onto say that VT can convert the £50m into equity at a fixed price of 15.69 pence. The timing seems to be entirely up to him.